Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.02

-0.7%

3:59 PM EST

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To: Sector Investor who wrote (28221)	12/18/1997 12:36:00 AM
From: Gary Korn	Read Replies (1) of 61433

On the acquisition front again (I've been silent on this too long): 1. ASND hired David Masunis, whose key credential is M&A, as well as a CFO (Ashby) with experience in M&A. I'm wondering if the company intends to use this experience in lieu of an investment banker in its seach for a strategic partner and in negotiating the general terms (if such a search and such negotiations exist). 2. I believe it might have been Maverick (I may be mistaken) who earlier posted that, having twice repriced options (the latest was effective close of trading 11/28), ASND cannot do a pooling of interest transaction (to acquire another company...as distinguished from being acquired) for 6 months. If that is the case, it would seem Masunis would have little else to do other than either (1) work on a current strategic partner project (where ASND is the target) or (2) plan for some future acquisition by ASND way down the road. I'm guessing that Ejabat fully intends to keep Masunis busy and that he has Masunis actively working on the former, not passively considering the latter. Gary Korn

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